Submitted By: Edwin R. Carreras Rivera
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Presentation By: Roberto Ellis
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Department: Growth Management
FORMAL TITLE:
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North Magnolia Community Redevelopment Area Commercial Property Improvement Grant for property located at 1735 NE Jacksonville Road, in an amount not to exceed $2,400
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OCALA'S RELEVANT STRATEGIC GOALS:
Quality of Place, Economic Hub
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
Program Objective: The North Magnolia Community Redevelopment Area (CRA) Commercial Property Improvement Grant supports fa?ade modernization, signage, awnings, ADA compliance, and other interior and exterior improvements to enhance corridor vitality and attract business investment. Funding is provided through the CRA trust fund consistent with the adopted CRA Plan and Florida Statutes (Chapter 163, Part III).
Property Information: This property is a commercial building constructed in 1984. It has a taxable value of $368,213. The building, situated on a 0.59-acre lot, is 6,007 square feet and has a 6,014-square-foot parking lot. The building layout includes office spaces, restrooms, and an open-area workspace suitable for business operations. Mr. Hershberger acquired the property in June 1999 and subsequently transferred ownership to Hershberger Holdings, LLC in September 2006. The business has operated in Ocala since B-J Trophies was established in 1977 and is owned by the Hershberger family. All property taxes are current and fully paid.
Project Summary:
Grant ID: CRA26-0029
Applicant: Hershberger Holdings, LLC
Applicant Representative: Floyd Hershberger (BJ Trophies)
Address: 1735 NE Jacksonville Road
Parcel ID: 26143-000-00
Scope of Work: The proposed project comprises comprehensive parking lot renovations to enhance safety, functionality, and the overall site appearance.
High Quote: $3,650
Low Quote: $3,200
Recommended Grant Amount: Not to exceed $2,400
Maximum Grant Amount: $20,000, covering up to 75 percent of project c...
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